Research Article

Effect of Ap-Index of Geomagnetic Activity on S&P 500 Stock Market Return

Table 6

Regression Results for Equ. (3) and (4).

ā€‰SMI
(3)(4)
Coefficientp-valueCoefficientp-value

Intercept0.00001.000-0.65090.5026
DGD-0.00120.0480-0.00120.0489
YEARNoYes

Adj. R-squared0.01220.0099
Obs.240240